Browsing: Hong Kong

$17.5b cash call to finish basement at W Kowloon

An additional HK$17.5 billion will be needed to finish a giant basement underneath the West Kowloon Cultural District, according to documents submitted to lawmakers. The Legislative Council’s Finance Committee previously approved HK$6 billion for three stages


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HKIA Terminal 1 to undergo HK$2b renovation

Airport officials have announced a HK$2 billion facelift for Terminal 1 to cope with an expected rise in passenger numbers. The authority’s latest facelift for the terminal, which was opened in 1998, raises the total price


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Expensive Hong Kong artificial island plan meets local resistance

Advocates for the plan say it is the only way to create enough land for housing and build a smarter city, but detractors have said it ignores Hong Kongers’ immediate needs, while pleasing China Hong Kong,


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14 pre-sale consents issued

The Lands Department issued 12 pre-sale consents for residential developments and two pre-sale consents for non-residential developments in the fourth quarter last year. The 12 pre-sale consents were issued for 10 residential developments, involving 8,351 units.


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Populous bags role on Hong Kong’s biggest sports venue

The government of Hong Kong has launched a US$3.8bn project to build the territory’s biggest ever stadium complex over 28ha on the site of the old Kai Tak airport. “The Kai Tak Sports Park, occupying 28


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MTR foundation works to resume

Consent has been given to resume pile foundation works for the Mass Transit Railway Corporation’s Tai Wai Station topside development project which were suspended on July 12, 2018. The Buildings Department made the announcement today after ascertaining the structural


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Support in doubt for Lantau Tomorrow Vision plan

The Task Force on Land Supply has recommended reclamation east of Lantau after a public consultation, but it does not mean a majority of Hongkongers support the government’s Lantau Tomorrow Vision plan, chairman Stanley Wong Yuen-fai


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13,850 private flats forecast in 2018-19

Supply from all sources would have a capacity to produce about 13,850 private housing flats in the financial year of 2018-19, the Secretary for Development, Michael Wong said today. “This supply has taken account of the


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The world’s largest air purification system

The world’s largest air purification system will clear most of the pollutants generated from vehicles using Hong Kong’s new Central-Wan Chai Bypass & Island Eastern Corridor Link. The system will handle more than five million cubic


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Kai Tak site sold

The tender for a Kai Tak site has been awarded on a 50-year land grant at a premium of $8.034 billion, the Lands Department announced today. New Kowloon Inland Lot No. 6575 at Kai Tak Area


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